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Two-Unit Duplex
New
For Sale
$1,199,888

212 Pamela Avenue, San Jose, CA 95116

ResidentialIncome, SanJose, CA

Property Size1,800 SF
Lot Size0.18 Acres
Price / SF$666.60
Days on Market6

Property Features for 212 Pamela Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-M
Parking 2
Appliances CooktopElectric, HoodOverRange, OvenBuiltIn, Refrigerator
Elementary school AlumRockUnionElementary
High school EastSideUnionHigh
Elementary school district AlumRockUnionElementary
High school district EastSideUnionHigh
Subdivision SantaClaraCounty
Standard status Active
APN 484-08-003 02
Size 1,800 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 16793

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1962
Number of units 2
Roof type Composition
Listing Agency: Real Brokerage Technologies
Listed By: Lex Orosco · License #01930420
Added: Oct 16 Changed: Oct 21 Last Checked: Oct 21 at 8:06AM
MLS# ML82064921

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This San Jose duplex contains two 3-bedroom, 1-bathroom residences, each with approximately 900 square feet. The rear unit is vacant and has new carpet and interior paint; the front unit is tenant occupied. The property was built in 1962 and has R-M zoning.

The 0.1836-acre parcel is served by public water and public sewer. Building features include forced-air natural gas heat, wall-unit cooling, and a composition roof. Appliances include an electric cooktop, hood, built-in oven, and refrigerator.

Key Highlights

  • Two 3‑bedroom, 1‑bathroom residences, each approximately 900 square feet
  • 0.1836‑acre lot
  • Rear residence is vacant with new carpet and fresh interior paint; front residence is tenant occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,528
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,560 $810.6K
Cap Rate 7%
$578,971 $579.0K
Cap Rate 9%
$450,311 $450.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$60.5K $33.60/SF
− Vacancy
−$2.6K −$1.43/SF
EGI
$57.9K $32.17/SF
− OpEx
−$17.4K −$9.65/SF
NOI
$40.5K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,560
Cap Rate 7%
$578,971
Cap Rate 9%
$450,311

Alternative Uses

Best Use
Multifamily LT 5
$579.0K
$506.6K – $675.5K (±1% cap)
NOI $40,528 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$534.9K
$468.0K – $624.0K (±1% cap)
NOI $37,440 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.09M
$951.2K – $1.27M (±1% cap)
NOI $76,095 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,808
Businesses Nearby

Demographics for 95116, CA

51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is tenant occupied, while the rear unit is vacant and has received new carpet and interior paint.
Where is this duplex located?
The property is located at 212 Pamela Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,199,888.
What are key features of this property?
This property features: Two 3‑bedroom, 1‑bathroom residences, each approximately 900 square feet; 0.1836‑acre lot; Rear residence is vacant with new carpet and fresh interior paint; front residence is tenant occupied
More about this property
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